Journalize the following adjusting entries for Ace Corporation for the year ended, December 31, 2020. B The ending balance for office supplies is $1,600. You counted the office supply inventory and determined it to actually be $600. An insurance policy was purchased on August 1" for $3,600. It was put into place on that date and was recorded as prepaid insurance. Unearned revenue has a balance of $10,000 and represents a 5-month service contract. We started performing service to the customer on November 1. The company purchased a vehicle at the beginning of the year for $50,000. We estimate that we will use it for 10 years after which time it will sell for $10,000. Use Double Declining Balance depreciation to record depreciation expense at the end of the year and use they rule. Our employees worked on the last 4 days of December but will not get paid until January. They earned $15,000 total for the days worked in December. D E Required: Journalize the adjusting entries. Use the letter references instead of the date. No adjustments were made during the year, all adjustments are made at end of year